Should You Buy or Sell This Spring?

By DeVonna Meyer

DeVonna has spent over 43 years building lifelong relationships in South County and has sold hundreds of homes from San Jose, Morgan Hill, Gilroy, and Hollister Cities.

If you’re thinking about buying or selling a home this spring, you may be feeling uncertain about what the market will look like. The good news is that 2025 brings positive changes that could benefit you. Today, I’ll share with you key market trends and what they mean for you as a buyer or seller:

Interest rates could stabilize. Many buyers have been worried about rising mortgage rates. The good news is that experts predict interest rates will level off or even dip slightly. This could make homes more affordable for buyers, which may increase demand. If you’ve been hesitant to buy because of high rates, now could be the time to make your move.

More homes on the market means more options (and more competition). There will be more homes available in 2025, which is great news for buyers. More options mean you have a better chance of finding the right home for you. However, more homes on the market also means more competition for sellers. If you’re selling, it’s important to price your home wisely and make sure it’s marketed well. Standout properties will attract more buyers.

Home prices are still holding strong, but they might not stay this way. Although home prices are growing at a slower pace, they are still strong and stable. This is good news for sellers, as you can still expect to sell your home for a good price. Buyers should move fast to secure a home before prices go up again. The market may not remain this favorable for long.

Buyers will have more leverage in negotiations. With more homes available, buyers will have more room to negotiate. This could mean lower prices, seller concessions, or assistance with closing costs. If you’re a buyer, don’t be afraid to ask for what you need. Sellers should expect to be more flexible in negotiations. This shift means more opportunities for buyers to get better deals.

Spring demand is coming. Spring is always a busy season in real estate. Expect more buyers to enter the market, making it important for sellers to prepare their homes for listing. Simple upgrades like fresh paint, staging, or even minor repairs can make your home stand out in a crowded market. Buyers should get pre-approved early to move quickly when they find the right home.

The 2025 spring market offers a lot of opportunities for both buyers and sellers, but preparation is needed to ensure that they can capitalize on the market conditions. Whether you’re looking to buy your dream home or sell your property, knowing the key trends will help you decide your next move. If you have any questions, you can call or text me at 408-547-4362 or email me at devonna.meyer@exprealty.com. I will help you navigate the spring market so you can make the best decision for buying or selling goals.